Institutional Buying Push Ethereum Up 64%, Pass Bitcoin
Institutional investors don push Ethereum price well pass Bitcoin in di last 90 days. ETH don jump 64.38%, from $1,808 go $3,684, while BTC remain small gain of just 10.72%, move from $94,748 to $115,375. According to MEXC Research Chief Analyst Shawn Young, company treasuries dey diversify go beyond Bitcoin, with ETH holdings for companies wey dem list nearly ten times since end of 2024. BitMine gather up $2.9 billion worth of ETH inside five weeks, become biggest corporate ETH holder. Companies like VERB and Sequans also dey grow their crypto assets. After some gbege over tokenomics and small on-chain volumes before, Ethereum “digital oil” talk don catch more attention as e support biggest DeFi ecosystem. This kin change show say institutional confidence in Ethereum dey rise, and e fit bring better market momentum.
Bullish
Dis kain surj na insitushonal demand for Ethereum dey show say big tins dey change for corporate crypto treasury dem, e dey increase liquidity and e dey signal say buying pressure strong well well. BitMine quick quick gather $2.9 billion ETH binnen few weeks, e dey resemble as Bitcoin rally before take place when big investors dey buy. For short term, as institutions dey buy sharply, e fit make Ethereum price go high, e go attract momentum traders, and e go cause make supply dey less. For long term, if companies continue to dey involved, e fit make market liquidity deep, make Ethereum story as "digital oil" strong well well, plus e fit support big DeFi growth, wey go ginger bullish momentum to continue and e go make price base steady pass before.